The well-known high performance, open-source blockchain specializing in digital identity Ontology, is partnering with the Daimler Mobility AG Blockchain Factory, which was set up to bring the benefits of blockchain innovations and applications to the automotive finance and mobility industry. The aim is to transform the experience of drivers all over the world The two companies have joined forces to develop a product they are calling MoveX, a first-of-its-kind blockchain-based mobility platform for the automotive and mobility industry. Utilizing ONT ID, Ontology’s decentralized identity framework, MoveX will empower user roaming,…
Day: September 24, 2020
China Dethrones Jack Ma as Richest Person in Country
As of Thursday, Nongfu Spring founder Zhong Shanshan had a paper net worth of $57.2 billion, topping Tencent’s Pony Ma and Alibaba founder Jack Ma to become China’s wealthiest man on paper. Zhong Shanshan, a chairman of Nongfu Spring (HKG: 9633), a bottled water company, became the wealthiest person in China, Zhong’s net worth accounted for $58.7 billion that represents $2 billion more than Alibaba Group Holding’s (HKG: 9988) owner Jack Ma. He is also the second richest person in Asia, while the first spot still belongs to India’s Mukesh…
Great Time For LINK Rally, Hints Analyst As Price Rebounds 20%
The analyst who correctly predicted a major drop in the LINK price earlier this September had eased his bearish bias on the cryptocurrency. Per the pseudonymous entity, LINK/USDT is in the middle of confirming a bottom after plunging by almost 63 percent from its YTD/record top at $20. The said downside move brought the pair inside what appears to be a reliable support range. The analyst highlighted the area in his latest tweet as he made a cautious bullish prediction. LINK/USDT is looking to establish a price floor as per…
Whale clusters pinpoint 4 critical short-term Bitcoin price levels
The latest Bitcoin (BTC) whale clusters’ data shows four key short-term price levels could potentially act as resistances, namely $10,369, $10,570, $10,734 and $10,842. The hourly map of unspent Bitcoin from whales. Source: Whalemap Whalemap, an on-chain analysis firm that tracks Bitcoin whale activity, observes areas where whales, or high-net worth individuals, accumulate or move their holdings. Green clusters indicate areas where whales last bought Bitcoin. Given the tendency of whales to wait until break even or in profit to sell, the clusters could act as resistance areas. Bitcoin faces…
Atari’s VCS reboot promises standard blockchain gaming features
Atari is the latest big name in gaming to get into the blockchain space with new functionalities on its forthcoming console. The Atari VCS was first released in 1977 to bring classics like Space Invaders and Pac Man into the home. While it can’t compete with the major consoles of the gaming world, Atari’s rebooted VCS console/PC hybrid will have the Ultra blockchain-enabled gaming platform installed as standard. This means that when the user tires of playing the included retro games from the original VCS, they can use the Ultra…
European Commission adopts digital finance package for crypto and blockchain
The European Commission is moving to provide more legal clarity and certainty for the cryptocurrency industry in its member states. On Sept. 24, the EC officially adopted a new digital finance package including digital finance and retail payments strategies, as well as legislative proposals on crypto assets. The EC said that the new package represents the first time that the authority proposed new legislation on crypto assets. As part of the new legislative proposals, the EC pays special attention to stablecoins — a type of cryptocurrency that pegs value to…
Bitcoin (BTC) Price Doesn’t Manage to Come Close to $11K Today
Bitcoin is trying to restore after a drawdown yesterday. It is now trading at around $10,336. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tech analysis of BTC price today. MicroStrategy may knock Bitcoin price down. Novogratz considers the BTC to be promising. On W1, the Bitcoin keeps correcting an uptrend; the quotations are currently trading at 61.8% Fibo. A bounce off it will signal further growth with the aim at 100.0% Fibo. The MACD histogram remains in the positive area – which, again, must be a sign of further growth. The…
Blockchain and Cryptocurrency Industries Severely Lack Representation of Women – Blockchain News, Opinion, TV and Jobs
The Blockchain and Cryptocurrency sectors are notorious for being some of the world’s most terrible industries for female representation. If you think a mere five per cent of people working in blockchain are women in the UK is bad, in Canada it drops to three per cent. Globally, statistics pick up slightly with women making up nine per cent of active participants along with eight and a half per cent of start-ups having a female founder or-founder. This is according to an extensive report on the dire lack of women…
Meghan Markle is Way Out of Her League Taking On Donald Trump
As Meghan and Harry have edged closer to serious political discourse in their speeches, they’re running the risk of being slapped down. It didn’t take long for that to happen, as President Trump swatted aside a question about the couple with ease while clapping back at Meghan Markle in hilarious fashion. How will the couple proceed from here? A battle of words with Trump is only ever going to end with one winner. We’ve seen Meghan Markle and Prince Harry both slowly venture into new territory for a few months…
MicroStrategy CEO Assures Bitcoin Holders He Will Not Dump At The First Opportunity
MicroStrategy CEO Michael Saylor has directly addressed concerns that he will dump Bitcoin at the first opportunity. In a tweet sent yesterday, Saylor sought to reassure the Bitcoin community by saying he is in it for the long term. There is no truth to the stories currently circulating that speculate “he would not hesitate to dump MicroStrategy’s 38,250 Bitcoin (BTC) at a moment’s notice if an alternative asset’s yields were to jump.” This is creative journalism. — Michael Saylor (@michael_saylor) September 23, 2020 Saylor was reacting to a Bloomberg article,…